Business Depression Threatens as Result of Installment Craze
In an interview, Senator James Couzens says installment buying has become a national disease and a menace to sound business. He says many people buy luxuries and go without necessities, including medical and physical attention, in order to meet payments, that credit is costly and adds to the cost of the article for purchasers and others alike, and that the country is in danger of a business depression because of it.
WASHINGTON, Oct. 31. - Insallment buying has become a national disease and is a menace to sound business, according to an interview with Senator James Couzens here.
Many people, he asserted, are buying luxuries and doing without necessities in order to meet payments on purchases they have made. Investigation shows that many are denying themselves medical and physical attention because of the pressure brought about by this disease.
The installment system adds to the cost of the article, not only for the purchaser on installment plans, but to others as well. Credit is costly.
"We are in danger of a business depression because of it," he said.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Yesterday's paper
November 1, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Evening Star, New Britain Herald, The Indianapolis Times, Daily Kennebec Journal, Seward Daily Gateway, and Phoenix Tribune.
Receive the original news from the press of 100 years ago, daily, weekly or monthly. Subscribe by December 1, 2026 and get
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Today's paper
November 2, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Douglas Daily Dispatch, The Daily Worker, Seward Daily Gateway, Evening Star, The Indianapolis Times, and Daily Kennebec Journal.
You do.
Business Depression Threatens as Result of Installment Craze
In an interview, Senator James Couzens says installment buying has become a national disease and a menace to sound business. He says many people buy luxuries and go without necessities, including medical and physical attention, in order to meet payments, that credit is costly and adds to the cost of the article for purchasers and others alike, and that the country is in danger of a business depression because of it.
WASHINGTON, Oct. 31. - Insallment buying has become a national disease and is a menace to sound business, according to an interview with Senator James Couzens here.
Many people, he asserted, are buying luxuries and doing without necessities in order to meet payments on purchases they have made. Investigation shows that many are denying themselves medical and physical attention because of the pressure brought about by this disease.
The installment system adds to the cost of the article, not only for the purchaser on installment plans, but to others as well. Credit is costly.
"We are in danger of a business depression because of it," he said.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Yesterday's paper
November 1, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Evening Star, New Britain Herald, The Indianapolis Times, Daily Kennebec Journal, Seward Daily Gateway, and Phoenix Tribune.
Receive the original news from the press of 100 years ago, daily, weekly or monthly. Subscribe by December 1, 2026 and get
20% off for life!
Today's paper
November 2, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Douglas Daily Dispatch, The Daily Worker, Seward Daily Gateway, Evening Star, The Indianapolis Times, and Daily Kennebec Journal.
You do.
Business Depression Threatens as Result of Installment Craze
In an interview, Senator James Couzens says installment buying has become a national disease and a menace to sound business. He says many people buy luxuries and go without necessities, including medical and physical attention, in order to meet payments, that credit is costly and adds to the cost of the article for purchasers and others alike, and that the country is in danger of a business depression because of it.
WASHINGTON, Oct. 31. - Insallment buying has become a national disease and is a menace to sound business, according to an interview with Senator James Couzens here.
Many people, he asserted, are buying luxuries and doing without necessities in order to meet payments on purchases they have made. Investigation shows that many are denying themselves medical and physical attention because of the pressure brought about by this disease.
The installment system adds to the cost of the article, not only for the purchaser on installment plans, but to others as well. Credit is costly.
"We are in danger of a business depression because of it," he said.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Yesterday's paper
November 1, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Evening Star, New Britain Herald, The Indianapolis Times, Daily Kennebec Journal, Seward Daily Gateway, and Phoenix Tribune.
Receive the original news from the press of 100 years ago, daily, weekly or monthly. Subscribe by December 1, 2026 and get
20% off for life!
Today's paper
November 2, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Douglas Daily Dispatch, The Daily Worker, Seward Daily Gateway, Evening Star, The Indianapolis Times, and Daily Kennebec Journal.
You do.
Business Depression Threatens as Result of Installment Craze
In an interview, Senator James Couzens says installment buying has become a national disease and a menace to sound business. He says many people buy luxuries and go without necessities, including medical and physical attention, in order to meet payments, that credit is costly and adds to the cost of the article for purchasers and others alike, and that the country is in danger of a business depression because of it.
WASHINGTON, Oct. 31. - Insallment buying has become a national disease and is a menace to sound business, according to an interview with Senator James Couzens here.
Many people, he asserted, are buying luxuries and doing without necessities in order to meet payments on purchases they have made. Investigation shows that many are denying themselves medical and physical attention because of the pressure brought about by this disease.
The installment system adds to the cost of the article, not only for the purchaser on installment plans, but to others as well. Credit is costly.
"We are in danger of a business depression because of it," he said.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Yesterday's paper
November 1, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Evening Star, New Britain Herald, The Indianapolis Times, Daily Kennebec Journal, Seward Daily Gateway, and Phoenix Tribune.
Receive the original news from the press of 100 years ago, daily, weekly or monthly. Subscribe by December 1, 2026 and get
20% off for life!
Today's paper
November 2, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Douglas Daily Dispatch, The Daily Worker, Seward Daily Gateway, Evening Star, The Indianapolis Times, and Daily Kennebec Journal.
You do.
Business Depression Threatens as Result of Installment Craze
In an interview, Senator James Couzens says installment buying has become a national disease and a menace to sound business. He says many people buy luxuries and go without necessities, including medical and physical attention, in order to meet payments, that credit is costly and adds to the cost of the article for purchasers and others alike, and that the country is in danger of a business depression because of it.
WASHINGTON, Oct. 31. - Insallment buying has become a national disease and is a menace to sound business, according to an interview with Senator James Couzens here.
Many people, he asserted, are buying luxuries and doing without necessities in order to meet payments on purchases they have made. Investigation shows that many are denying themselves medical and physical attention because of the pressure brought about by this disease.
The installment system adds to the cost of the article, not only for the purchaser on installment plans, but to others as well. Credit is costly.
"We are in danger of a business depression because of it," he said.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Reproduced unchanged from The Daily Worker, November 2, 1926, page 2.
This text reflects the language, attitudes and errors of its time. A Century Late publishes it as a historical document.
Text: read from the Library of Congress scan by A Century Late, within the article boundaries of American Stories (Dell et al., 2023), DOI 10.57967/hf/0757.
Yesterday's paper
November 1, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Evening Star, New Britain Herald, The Indianapolis Times, Daily Kennebec Journal, Seward Daily Gateway, and Phoenix Tribune.
Receive the original news from the press of 100 years ago, daily, weekly or monthly. Subscribe by December 1, 2026 and get
20% off for life!
Today's paper
November 2, 1926. The original articles, with the text exactly as it appeared and scans of the original newspaper pages, from that day’s editions of the following publications:Brownsville Herald, Douglas Daily Dispatch, The Daily Worker, Seward Daily Gateway, Evening Star, The Indianapolis Times, and Daily Kennebec Journal.